Jacques Chirac's announcement this morning that the hated contrat de la première embauche (CPE) will be abandoned has been greeted rapturously on the main anti-CPE blog. "WE WON!!!!!!" declares the first reader to comment on the news.

"Not yet," cautions another, clearly worried that the CPE's successor, an "initiative to help young people in difficulties find employment", could be as unacceptable as the law it replaced. "Let's wait and see what happens next."

Not everyone is celebrating, either. "BRAVO young people!" writes "Clopin" sardonically. "Thanks to you I've found work after nine months on the dole! Er, no, actually. Anyone got any suggestions?"

"Yeah, let's tax savings, privatise all the firms in the CAC40 [the equivalent of the FTSE100], retire at 50, and raise the minimum wage to 2,000 euros an hour," observes "TFOU" sarcastically.

Clopin: "Yeah! We won! Now all we've got to do is hang the bosses by their balls! Yeah! We're young, we know nothing about politics, but we know how to open our mouths and say nothing! Yeah!"

Elsewhere, there is more satisfaction at French PM Dominique de Villepin's ignominious retreat in the face of weeks of protests and rioting. "I want to apologise to those who thought the CPE was taking up too much space on this blog," writes Carnets de nuit triumphantly. "At the same time, everyone knows history is written by the victors ... The hussard [horseman, a satirical reference to Dominique de Villepin and his admiration for Napoleon], and those balls he boasts of must be hurting this morning."

"What a joy to watch that puffed-up toff giving in," writes a visitor to Libération's blog. "Since he admires Napoleon so much I suggest they exile him too - not to a luxurious island but a run-down estate in the Paris suburbs."

Others castigate the government for giving way for fear of losing next year's elections. "Why is the world changing without us?" asks manu1966. "Are we right while everyone else is wrong? France is too scared to wake up!"

Meanwhile, at Place Libre, an "alternative and militant" blog fighting for "freedom and self-determination and against capitalism, fascism and the authorities," it all feels like a bit of an anticlimax. "So what are we doing tomorrow? Are we going to demonstrate or what?"